{"id":9127,"date":"2025-12-15T20:50:19","date_gmt":"2025-12-15T23:50:19","guid":{"rendered":"https:\/\/aaep.org.ar\/?p=9127"},"modified":"2025-12-15T20:50:20","modified_gmt":"2025-12-15T23:50:20","slug":"state-taxation-and-assymetric-fuel-price-adjustment-evidence-from-brazils-icms","status":"publish","type":"post","link":"https:\/\/aaep.org.ar\/?p=9127","title":{"rendered":"State taxation and assymetric fuel price adjustment: evidence from Brazil&#8217;s ICMS"},"content":{"rendered":"<iframe loading=\"lazy\" class=\"wonderplugin-pdf-iframe\" src=\"https:\/\/aaep.org.ar\/wp-content\/plugins\/wonderplugin-pdf-embed\/pdfjslight\/web\/viewer.html?v=2&file=https:\/\/aaep.org.ar\/works\/works2025\/24.pdf\" width=\"100%\" height=\"600px\" style=\"border:0;\"><\/iframe>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This paper estimates both long run and short run possibly asymmetric pass-through of sales tax changes, using a novel identification methodology from ICMS tax withholding or \u00absubstitui\u00e7\u00e3o tribut\u00e1ria\u00bb of gasoline prices in Brazil. The estimates show that there is no anticipation of tax changes, even if new taxes in Reals are publicized in advance. The empirical results indicate possibly asymmetric pass-though of taxes to prices, but with the positive and negative effects very close to one and time varying. The tax appears to be fully shifted.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[29],"tags":[33],"class_list":["post-9127","post","type-post","status-publish","format-standard","hentry","category-anales","tag-aaep-anales-2025"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>State taxation and assymetric fuel price adjustment: evidence from Brazil&#039;s ICMS - Asociaci\u00f3n Argentina de Econom\u00eda Pol\u00edtica<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State taxation and assymetric fuel price adjustment: evidence from Brazil&#039;s ICMS - Asociaci\u00f3n Argentina de Econom\u00eda Pol\u00edtica\" \/>\n<meta property=\"og:description\" content=\"This paper estimates both long run and short run possibly asymmetric pass-through of sales tax changes, using a novel identification methodology from ICMS tax withholding or ``substitui\u00e7\u00e3o tribut\u00e1ria&#039;&#039; of gasoline prices in Brazil. The estimates show that there is no anticipation of tax changes, even if new taxes in Reals are publicized in advance. The empirical results indicate possibly asymmetric pass-though of taxes to prices, but with the positive and negative effects very close to one and time varying. 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